1. Suppose an individual initially has ?': non-labor income and has budget lime AL-. The individual is then offered a take-it-or-leave-it (TIOLD) cash grant of F1 - :. Which of the following statements is correct! C V 1 Va AS T 2. This individual will not accept the TIOLI offer, and will maximize utility on difference curve . b. This individual will accept the TIOLI offer, and will maximize utility on c. This individual will not accept the TIOLI offer, and will maximize utility on indifference curs by d. This individual will accept the TIOLI offer, and will maximize utility on a. This individual will not accept the TIOLI offer, and will maximize utility on indifference curve C